@peter_IFAMAG reads Twitter so you don’t have to.
The London Capital and Finance vehicle lost 11,625 investors £237m in January 2019. Today brings news that claimants in the judicial review will be heard in the Administrative Court on 19th of January 2021. Meanwhile political pressure mounts for a review into the FCA. Elsewhere on Twitter, pundits comment on the supreme court ruling over insurance payouts for businesses effected by Covid.
First, it’s a bull market.
Going back to May 1984, there have been 9,235 trading days in the Nasdaq Composite.
Only 15 of those days had more net 52-week highs on the Nasdaq exchange than today.
— SentimenTrader (@sentimentrader) January 14, 2021
Adam Tooze advocates UK gilts.
UK is dealing with Brexit shambles, a raging pandemic, government deficit blown out … and, nevertheless, all the best research tells you that UK gilts are a big buying opportunity! E.g @Gavekal pic.twitter.com/bMal4xFIlN
— Adam Tooze (@adam_tooze) January 15, 2021
SoftBank takes $350bn stake in Satelite group OneWeb.
the only thing missing from this OneWeb saga is a Dominic Cummings-led Spac that mergers with the company at $100bn valuation https://t.co/wsuu5otPFo
— Arash Massoudi (@ArashMassoudi) January 15, 2021
Ant Group investors still in limbo after IPO was pulled last year.
the only thing missing from this OneWeb saga is a Dominic Cummings-led Spac that mergers with the company at $100bn valuation https://t.co/wsuu5otPFo
— Arash Massoudi (@ArashMassoudi) January 15, 2021
Chris Giles, Economics Editor of the FT, reviews new ONS GDP data.
Why we need the Covid vaccine to work.
UK economy dropped back to 8.9% below Feb level in Nov. pic.twitter.com/oPC4k5KnpC
— Chris Giles (@ChrisGiles_) January 15, 2021
And finally LCF Bondholders shares news about the London Capital and Finance judicial review.
FSCS Judicial Review – the court case will start Tuesday 19 January for 3 days. More details for dialling in will follow. pic.twitter.com/B2xKau7qrv
— LCF Bondholders (@LCFBondholders) January 15, 2021
The latest news coincides with mounting political pressure on the FCA.
More pressure from MPs now calling for an investigation into FCA and asking for a statement to be made. @MartynDaySNP https://t.co/keCQ5nWLFG
— LCF Bondholders (@LCFBondholders) January 15, 2021
What are your thoughts on these tweets?
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